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Torchmark Corp (TMK)

Torchmark Corp (TMK)
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Torchmark Corporation is a financial services holding company specializing in life and supplemental health insurance for middle-income Americans, marketed through multiple distribution channels including direct response and exclusive and independent insurance agencies. Its primary subsidiaries are American Income Life Insurance Company (American Income), Liberty National Life Insurance Company (Liberty National), Globe Life And Accident Insurance Company (Globe), United American Insurance Company (United American), and Family Heritage Life Insurance Company of America (Family Heritage). Torchmark offers limited-benefit supplemental health insurance products that include primarily critical illness and accident plans. Medicare Supplements are also offered to enrollees in the traditional fee-for-service Medicare program. Medicare Supplement plans are standardized by federal regulation and are designed to pay deductibles and co-payments not paid by Medicare.
(Values in U.S. Thousands) Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014
Sales 4,303,750 4,155,570 3,934,630 3,766,070 3,964,300
Sales Growth +3.57% +5.62% +4.48% -5.00% +5.10%
Net Income 701,470 1,454,490 549,780 527,100 542,940
Net Income Growth -51.77% +164.56% +4.30% -2.92% +2.74%
(Values in U.S. Thousands) Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014
Total Assets 23,095,721 23,474,980 21,436,090 19,853,211 20,214,730
Total Assets Growth -1.62% +9.51% +7.97% -1.79% +11.12%
Total Liabilities 17,680,539 17,243,561 16,869,230 15,797,660 15,517,260
Total Liabilities Growth +2.53% +2.22% +6.78% +1.81% +7.64%
(Values in U.S. Thousands) Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014
Operating Cash Flow 1,277,650 1,429,060 1,398,710 1,120,050 864,710
Operating Cash Flow Growth -10.60% +2.17% +24.88% +29.53% -22.74%
Net Cash Flow 2,460 42,400 14,780 -4,640 29,080
Change in Net Cash Flow -94.20% +186.87% +418.53% -115.96% +217.40%
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